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December 21, 2012
10:37 EDTFLIR, COL, LMT, RTN, GD, LMIA, NOC, BA, BAESY, LLLHouse votes to rescind defense cuts, Defense News reports
The House of Representatives last night approved a Republican bill that would cancel automatic defense cuts scheduled to occur beginning next month, according to Defense News. Democrats, however, were opposed to the measure, and it's doubtful that the Senate will vote on the legislation, the website added. Reference Link
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November 25, 2015
10:01 EDTGDGeneral Dynamics awarded $103M contract modification by US Navy
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November 24, 2015
18:09 EDTGDGeneral Dynamics Electric Boat awarded $102.88M government contract modification
Electric Boat is being awarded a $102.88M modification to previously awarded contract N00024-10-C-2118 for additional lead yard services and development studies and design efforts related to Virginia-class submarines. The services will maintain, update, and support the Virginia-class design and related drawings and data for each Virginia-class submarine, including technology insertion, throughout its construction and post shakedown availability period. The contractor will also provide all engineering and related lead yard services necessary for direct maintenance and support of Virginia-class ship specifications. In addition, the contract provides development studies and design efforts related to the Virginia-class submarine design and design improvements, preliminary and detail component and system design, integration of system engineering, design engineering, test engineering, logistics engineering, and production engineering. The contractor will continue development studies and design efforts related to components and systems to accomplish research and development tasks and prototypes and engineering development models required to fully evaluate new technologies to be inserted in succeeding Virginia-class submarines. Work is expected to be completed by April 2016. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity.
18:08 EDTBAESYBAE Systems awarded $103.77M government contract
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17:22 EDTBAESYBAE Systems awarded $103.7M contract by U.S. Marine Corps
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14:48 EDTLLLL-3 Communications to pay $25.6M to settle fraud suit, Reuters reports
L-3 Communications has agreed to pay $25.6M to settle civil claims that the company and its EOTech unit violated the False Claims Act by concealing defects in its weapons sights, reported Reuters. Reference Link
12:24 EDTLLLU.S. sues L-3 for knowingly selling faulty weapons sights, Reuters says
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11:55 EDTLLLL-3 Communications drops 3.8% after sued by U.S. over defective weapon sights
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11:49 EDTLLLL-3 accused of defrauding DOD in new U.S. civil lawsuit, Reuters reports
05:32 EDTBABoeing and BOC Aviation announce order for 22 737s
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05:27 EDTBABoeing, EVA Airways finalize commercial airplane purchase
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November 23, 2015
17:48 EDTLLLL-3 Communications awarded $129.66M government contract modification
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17:47 EDTBABoeing awarded $261.98M government contract
Boeing has been awarded a $261.98M firm-fixed-price, undefinitized contract action for delivery order to previously awarded contract FA8213-15-D-0002 for lot 19 Joint Direct Attack Munition, or JDAM, tailkits. Contractor will provide JDAM strap-on inertial guidance kits with the capability to receive guidance updates from Global Positioning Systems to increase weapon accuracy for conventional inventory bombs. Work will be performed at St. Louis, Missouri, and is expected to be complete by Nov. 20, 2017. Fiscal 2014, 2015 and 2016 ammunition funds in the amount of $13.28M are being obligated at the time of award. Air Force Life Cycle Management Center, Hill Air Force Base, Utah, is the contracting activity.
16:21 EDTBAAerojet Rocketdyne signs contract to support new era of spaceflight in U.S.
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings (AJRD), has signed a contract with Boeing (BA) valued at nearly $200M that supports a new era of spaceflight - one that will carry humans to the International Space Station from American soil once again. Under its Commercial Crew Transportation Capability subcontract to Boeing, Aerojet Rocketdyne is completing the design, development, qualification, certification and initial production of the Crew Space Transportation, or CST,-100 "Starliner" service module propulsion system. A CST-100 Starliner partner and team member since 2010, Aerojet Rocketdyne's work continues the development of the service module and launch abort propulsion system from prior commercial crew contracts with Boeing.
November 22, 2015
18:29 EDTBADelta CEO says Boeing offered used 777s for $10M, Bloomberg reports
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November 20, 2015
07:30 EDTCOLUBS to hold a conference
Industrials & Transportation Conference is being held in Boca Raton, FL on November 18-20 with webcasted company presentations to begin on November 20 at 8 am; not all company presentations may be webcasted. Webcast Link
November 19, 2015
17:51 EDTNOCNorthrop Grumman awarded $120.79M government contract modification
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10:01 EDTLMTLockheed Martin selected by Swedavia to deliver new operational systems
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10:00 EDTGDOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Dick's Sporting (DKS) upgraded to Buy from Neutral at Monness Crespi... Fairchild (FCS) upgraded to Neutral from Underperform at Credit Suisse... Fiesta Restaurant (FRGI) upgraded to Strong Buy from Outperform at Raymond James... General Dynamics (GD) upgraded to Buy from Hold at Argus... Genomic Health (GHDX) upgraded to Outperform from Market Perform at Cowen... National Grid (NGG) upgraded to Outperform from Sector Perform at RBC Capital... ON Semiconductor (ON) upgraded to Buy from Neutral at Citi... Papa John's (PZZA) upgraded to Buy from Neutral at Sidoti... QEP Resources (QEP) upgraded to Buy from Neutral at Goldman... Seagate (STX) upgraded to Buy on selloff, dividend yield at Craig-Hallum... Sunoco (SUN) upgraded to Outperform at Credit Suisse... Tetraphase (TTPH) upgraded to Buy from Neutral at SunTrust... Wendy's (WEN) upgraded to Conviction Buy from Neutral at Goldman.
07:49 EDTGDGeneral Dynamics upgraded to Buy from Hold at Argus
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07:30 EDTNOCUBS to hold a conference
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